Upbit Operator Dunamu Reports 300% Surge in Profit

[madtrader]

Upbit operator Dunamu delivered a standout Q3, reporting 239 billion won ($165M) in net income — a 300%+ jump from last year.
Regulatory filings show the company firing on all cylinders:
• Revenue climbed 35% QoQ to $266M
• Operating profit surged 54% to $162M
• Net income jumped 145% from Q2
Dunamu credits the rebound in global digital asset markets and growing investor confidence fueled by major U.S. crypto bills, including the Genius Act, Clarity Act, and Anti-CBDC Bill.

[Nahid Hossen]

A 300% profit surge highlights the power of exchange-driven revenue models.

[EmTeam]

Korean trading volume continues to play a big role in this explosive growth.